Kusumgar IPO

The Kusumgar IPO is a book-built issue of Rs 650 crore, entirely an offer for sale of 1.55 crore shares, opening for subscription from Jul 8 to Jul 10, 2026, with allotment expected on Jul 13, 2026 and a tentative listing on NSE and BSE on Jul 15, 2026. The IPO’s price band is Rs 398 to Rs 419 per share, with a lot size of 35 shares, requiring a minimum retail investment of Rs 14,665, while sNII investors must apply for 14 lots (490 shares) amounting to Rs 2,05,310, and bNII investors for 69 lots (2,415 shares) amounting to Rs 10,11,885. Axis Capital Ltd. is the lead manager, and Bigshare Services Pvt. Ltd. is the registrar for the issue.

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Kusumgar IPO Details

Check out the issue details for Kusumgar IPO as disclosed in SEBI.

IPO Price

₹ 419

Price Band

₹ 398 - 419

Issue Size

650.00 Cr.

Issue Type

Book Built

Open

2026-07-08

Close

2026-07-10

Listing price

₹ 569

Listing Gain

35.80%

Listing Date

2026-07-15

CMP

₹ 571.3

Current Return

36.35%

Company Financials

You can get the following financial statements of Kusumgar as of now.

Kusumgar IPO Details

The details about the Kusumgar IPO are as follows:

  • The issue size of the IPO is Rs 650.00 Cr.
  • The price band for Kusumgar IPO is Rs 398 to Rs 419.
  • The shares of Kusumgar IPO will list on BSE and NSE.
  • The latest tentative GMP of Kusumgar IPO is Rs 160.
  • he shares of Kusumgar IPO are subscribed 5.28 Times.

 

Kusumgar IPO Valuation

The approximate valuation of Kusumgar IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 419
Existing Shares (Qty) 10.49 Cr
Fresh Issue Rs 0 Cr
Market Cap Rs 4395.31 Cr
EPS (FY25) Rs 9.68
PE Ratio 43.28x
Industry PE 39.80x

 

Kusumgar IPO Issue Size

Kusumgar IPO issue size is Rs 650.00 Cr.

Issue Amount
Fresh Issue Rs 0 Cr
Offer For Sale Rs 650.00 Cr

 

Kusumgar IPO Market Lot

An individual can apply for a minimum of 1 lot of 35 shares and a maximum of 13 lots (455 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 35 Rs 14,665
Retail Maximum 13 455 Rs 1,90,645

 

Kusumgar IPO Share Offer

The shares of Kusumgar IPO are subscribed 5.28 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Kusumgar IPO GMP (Grey Market Premium)

As on GMP (Tentative)
9 July 2026 Rs 160

Kusumgar IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Kusumgar IPO Dates

Find below the dates for Kusumgar IPO

Schedule Date
Basis of Allotment 13 July 2026
Refunds 14 July 2026
Credit to Demat Account 14 July 2026
IPO Listing Date 15 July 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 313.02 474.14 805.73 675.71
Total Expenditure 246.86 347.9 622.31 505.69
Operating Profit 66.16 126.24 183.43 170.02
Other Income 2.13 6.69 10.81 20.79
Interest 5.19 6.29 14.54 25.89
Depreciation 14.7 16.41 33.19 45.77
Exceptional Items 0 0 0 0
Profit Before Tax 48.4 110.24 146.5 119.16
Provision for Tax 11.8 29.1 37.59 31.03
Net Profit 36.59 81.14 108.91 88.13
Adjusted EPS (Rs.) 0.36 0.8 1.07 0.87

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 1.99 1.99 10.15 11.9
Total Reserves 160.92 242.42 348.61 580.92
Borrowings 19.65 34.81 75.76 85.12
Other N/C liabilities 8.58 40.94 51.4 61.69
Current liabilities 54.15 253.3 244.71 273.52
Total Liabilities 245.29 573.46 730.63 1013.15
Assets
Net Block 93.16 180.83 228.8 303.67
Capital WIP 0.19 8.43 45.19 26.26
Intangible WIP 0 0 0 0
Investments 0 12.18 127.06 127.52
Loans & Advances 7.12 11.06 26.73 28.62
Other N/C Assets 0 4.34 2.09 6.16
Current Assets 144.81 356.61 300.76 520.9
Total Assets 245.29 573.46 730.63 1013.15
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jul 2026 75.01 0
Jun 2026 0 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 48.4 110.24 146.5 119.16
Adjustment 16.69 15.21 42.83 70.16
Changes in Assets & Liabilities -36.13 98.27 -194.37 -136.64
Tax Paid -12.4 -24.44 -42.35 -16.9
Operating Cash Flow 16.56 199.29 -47.38 35.78
Investing Cash Flow -17.57 -199.59 -110.52 -112.14
Financing Cash Flow 3.09 22.03 151.45 70.83
Net Cash Flow 2.07 21.73 -6.44 -5.53
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